Årsrapport 30700228 EY Godkendt Revisionspartnerselskab Dirch Passers Allé 36 Postboks 250, 2000 Frederiksberg 2023-05-01 2024-04-30 2022-05-01 2023-04-30 78806117 PDC A/S H.J. Holst Vej 3 - 5 C 2605 Brøndby 1985-07-08 Brøndby 36360000 36360001 www.pdc.dk EY Godkendt Revisionspartnerselskab 30700228 Dirch Passers Allé 36 2000 Frederiksberg 2024-07-05 Lars Malmgren-Hansen Regnskabsklasse C, mellemstor virksomhed Revisionspåtegning Grundlag for konklusion Konklusion true 2024-07-05 2024-07-05 CaseWare Working Papers Brøndby Finn Grønskov, CEO Leo Schou-Jensen, CTO Lars Malmgren-Hansen Chairman Janni Jespersen Hans Siggaard Jensen Finn Grønskov Leo Schou-Jensen Copenhagen Allan Nørgaard State Authorised Public Accountant mne35501 113347000 95089000 93269000 7762000 3729000 3116000 437000 360000 2369000 -966000 -776000 11348000 5104000 3061000 70477000 61229000 62591000 1190000 129000 663000 1471000 2605000 45752000 38406000 36052000 4.8 7.4 9.2 6.6 6 3.8 8.2 11.8 6 5.1 338.3 327.2 298.2 251.4 235.7 Current ratio Current ratio Current ratio Current ratio Current ratio 70.1 65.4 64.9 62.7 57.6 10.9 19.2 27 13.7 8.7 115093000 118054000 9284000 9061000 2958000 3064000 20842000 26392000 87925000 85665000 81665000 75533000 681000 1262000 0 104000 5579000 8766000 89000 521000 1650000 1428000 1302000 1589000 6016000 9126000 961000 264000 5055000 8862000 0 0 58000 145000 58000 145000 524000 708000 1105000 325000 1629000 1033000 3042000 3224000 3042000 3224000 4729000 4402000 33900000 35212000 8787000 3403000 3214000 5355000 821000 1054000 7587000 604000 54309000 45628000 6536000 21317000 60845000 66945000 65574000 71347000 500000 500000 42442000 40658000 3000000 5500000 45942000 46658000 917000 2090000 917000 2090000 728000 2142000 728000 2142000 4948000 5303000 1624000 4477000 486000 406000 2142000 1754000 6443000 5800000 2344000 2717000 17987000 20457000 18715000 22599000 65574000 71347000 500000 37752000 7500000 3362000 5500000 0 456000 0 0 7500000 500000 40658000 5500000 2055000 3000000 0 271000 0 0 5500000 500000 42442000 3000000 68291000 62741000 9504000 9049000 921000 911000 2949000 2832000 81665000 75533000 109 102 1840000 1899000 73000 53000 1913000 1952000 87000 152000 594000 1110000 681000 1262000 1035000 796000 615000 632000 728000 2142000 233000 -620000 0 -1258000 3000000 5500000 2055000 3362000 495000 435000 495000 435000 495000 290000 0 87000 495000 377000 0 58000 1100000 4462000 0 1190000 0 0 1100000 5652000 392000 4137000 184000 410000 576000 4547000 524000 1105000 5035000 5035000 -1811000 -271000 89000 -1993000 3042000 PDC Solutions Canada Ltd. Canada 100 Prolog Development Center Asia Pacific Pte. Ltd. Singapore 100 PDC Aviation Ltd. United Kingdom 100 PDC-Solutions Columbia SAS Columbia 100 5355000 6039000 -1054000 -434000 728000 0 728000 0 Today, the Board of Directors and the Executive Board have discussed and approved the annual report of PDC A/S for the financial year 1 May 2023 - 30 April 2024. The annual report is prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the financial position of the Company at 30 April 2024 and of the results of the Company's operations for the financial year 1 May 2023 - 30 April 2024. Further, in our opinion, the Management's review gives a fair review of the matters discussed in the Management's review. We recommend that the annual report be approved at the annual general meeting. To the shareholder of PDC A/S We have audited the financial statements of PDC A/S for the financial year 1 May 2023 - 30 April 2024, which comprise income statement, balance sheet, statement of changes in equity and notes, including accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the financial position of the Company at 30 April 2024 and of the results of the Company's operations for the financial year 1 May 2023 - 30 April 2024 in accordance with the Danish Financial Statements Act. We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the "Auditor's responsibilities for the audit of the financial statements" section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Independence We are independent of the Company in accordance with the International Ethics Standards Board for Accountants' International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, Management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Our objectives are to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement, whether due to fraud or error and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements. As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. Conclude on the appropriateness of Management's use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern. Evaluate the overall presentation, structure and contents of the financial statements, including the note disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Management is responsible for the Management's review. Our opinion on the financial statements does not cover the Management's review, and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the Management's review and, in doing so, consider whether the Management's review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether the Management's review provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that the Management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statement Act. We did not identify any material misstatement of the Management's review. For terms and definitions, please see the accounting policies. The Company's main activities are to develop and sell software and related activities. The financial report for 2023/24 shows a profit of DKK 5,055 thousand against a profit of DKK 8,862 thousand last year, and the balance sheet at 30 April 2024 shows equity of DKK 45,942 thousand. PDC did not reach the expected 5-15% growth in Turnover. Instead, there was a decline from 118 mio DKK to 115 mio DKK. This is the effect of a huge investment in development of Resource Management solution. The profit before tax declined from 9.1 mio – to 5.1 mio, which was within the expected range. and is considered satisfactory. The main activities within the key areas of the company includes: AIRLINES Development and delivery of PDCs integrated flight suite for Airlines Resource Management, including Operations Control, Commercial Schedules Planning and Crew management to airlines. Five more airlines joined the community of international airlines using the PDC Flight Suite. The Automated scheduling engine using Mathematical Optimization and AI technologies is now used adopted several Airline customers AIRPORTS PDC SCORE system for Airport Slot Coordination have been delivered to six new coordinators, that manage several airports in Europe, Asia, Middle-east, North America and South America. PDC have extended our Airport Suite with new modules for resource planning. The delivery of the full Airport Suite integrated is new in process for several airports. RESOURCE MANAGEMENT SYSTEM Implementation of PDC’s work force management and production planning solution to the public and private sectors PDC have extended the cooperation with one of the largest regions in Denmark. TECHNOLOGIES Continued focus on Cloud environment, cloud management tools, Cyper Security and Information Security. Continued development AI related tools for planning and scheduling – including Logic Programming and Mathematical Optimization. No events affecting the 2023/24 annual report has occurred after the balance sheet date. The outlook for 2024/2025 is further moderate growth of 5-10% in Turnover and a Profit that is expected to be in the range DKK 5 - 10 million. The annual report of PDC A/S for 2023/24 has been prepared in accordance with the provisions in the Danish Financial Statements Act applying to medium-sized reporting class C entities. Referring to section 112(1) of the Danish Financial Statements Act, no consolidated financial statements are prepared. The financial statements for PDC A/S and its group entities are part of the consolidated financial statements for Prolog Development Center Holding A/S. The accounting policies are unchanged from prior year. With reference to section 86(4) of the Danish Financial Statements Act, no cash flow statement has been prepared. The entity's cash flows are part of the consolidated cash flow statement for the parent company, Prolog Development Center Holding A/S. Reporting currency The financial statements are presented in Danish kroner (DKK'000). On initial recognition, transactions denominated in foreign currencies are translated at the exchange rate at the transaction date. Foreign exchange differences arising between the exchange rates at the transaction date and the date of payment are recognised in the income statement as financial income or financial expenses. Receivables and payables and other monetary items denominated in foreign currencies are translated at the exchange rate at the balance sheet date. The difference between the exchange rates at the balance sheet date and the date at which the receivable or payable arose or was recognised in the most recent financial statements is recognised in the income statement as financial income or financial expenses. On initial recognition, derivative financial instruments are recognised at cost in the balance sheet and are subsequently measured at fair value. Positive and negative fair values of derivative financial instruments are presented as separate items in the balance sheet. The Company's revenue comprises sale of services and income from the sale of software licences. Income from the sale of services is recognised once the outcome of the transaction can be estimated reliably with reference to the stage of completion. Licence income is recognised as revenue at the time of transfer of the risk to the buyer when, in reality, the agreement is comparable with a sale of software licences. In assessing the reality of the individual agreement on the delivery of licences, the Company's obligations in connection with additional deliverances, term of contract, payment period, interminability of the contract, rights to the licence and other relevant factors are taken into consideration. For sales with a long credit period, the debtor's ability to pay is included in the assessment as to whether the economic benefits connected with the sales transaction will flow to the Company and whether revenue can be measured reliably. Sales with long interest-free credit are discounted and recognised at fair value. The related interest income is recognised over the term of the credit arrangement under net financials. Other operating income and operating expenses comprise items of a secondary nature relative to the entity's core activities, including gains or losses on the sale of non-current assets, sublease income regarding the Company's premises and reinvoicing of costs to other group companies. Other external expenses include the year's expenses relating to the Company's core activities, including expenses relating to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc. Staff costs include wages and salaries, including compensated absence and pensions, as well as other social security contributions, etc. made to the entity's employees. The item is net of refunds made by public authorities. The item comprises amortisation/depreciation and impairment of property, plant and equipment. The basis of amortisation/depreciation, which is calculated as cost less any residual value, is amortised/depreciated on a straight line basis over the expected useful life. The expected useful lives of the assets are as follows: Acquired intangible assets 3 years Goodwill 5 years Plant and machinery 6 years Other fixtures and fittings, tools and equipment 3 years Other operating expenses comprise items of a secondary nature relative to the Company's core activities, including losses on the sale of fixed assets. The income statement includes the proportional share of the underlying companies' profit or loss after elimination of internal profit/loss and after tax. In group entities, the full elimination of internal profit and loss is carried out without regard to ownership shares. Financial income and expenses are recognised in the income statement at the amounts that relate to the financial reporting period. The items comprise interest income and expenses, e.g. from group entities and associates, declared dividends from other securities and investments, financial expenses relating to finance leases, realised and unrealised capital gains and losses relating to other securities and investments, exchange gains and losses and amortisation of financial assets and liabilities. Tax for the year includes current tax on the year's expected taxable income and the year's deferred tax adjustments. The portion of the tax for the year that relates to the profit/loss for the year is recognised in the income statement, whereas the portion that relates to transactions taken to equity is recognised in equity. The entity and its Danish group entities are taxed on a joint basis. The Danish income tax charge is allocated between profit-making and loss-making Danish entities in proportion to their taxable income (full allocation method). Jointly taxed companies entitled to a tax refund are, as a minimum, reimbursed by the management company according to the current rates applicable to interest allowances, and jointly taxed companies having paid too little tax pay, as a maximum, a surcharge according to the current rates applicable to interest surcharges to the management company. Development costs comprise expenses, salaries and amortisation directly or indirectly attributable to development activities. Development projects that are clearly defined and identifiable, where the technical feasibility, sufficient resources and a potential future market or development opportunities areidentifiable and where the Company intends to produce, market or use the project, are recognised as intangible assets provided that the cost can be measured reliably and that there is sufficient assurance that future earnings can cover production costs, selling costs and administrative expenses and development costs. Other development costs are recognised in the income statement as incurred. Development costs that are recognised in the balance sheet are measured at cost less accumulated amortisation and impairment losses. On completion of a development project, development costs are amortised on a straight-line basis over the estimated useful life. The amortisation period is usually 3 years. Patents and licences are measured at cost less accumulated amortisation and impairment losses. Patents are amortised on a straight line basis over the remaining term of the patent, and licences are amortised over the term of the licence. Development costs and internally accumulated rights are recognised in the income statement as costs in the year of acquisition. Property, plant and equipment Items of property, plant and equipment are measured at cost less accumulated depreciation and impairment losses. Cost includes the acquisition price and costs directly related to the acquisition until the time at which the asset is ready for use. An impairment test is made for property, plant and equipment if there are indications of decreases in value. The impairment test is made for each individual asset or group of assets, respectively. The assets are written down to the higher of the value in use and the net selling price of the asset or group of assets (recoverable amount) if it is lower than the carrying amount. On initial recognition, leases for assets that transfer substantially all the risks and rewards incident to the ownership to the Company (finance leases) are measured in the balance sheet at the lower of fair value and the present value of the future lease payments. In calculating the net present value, the interest rate implicit in the lease or the incremental borrowing rate is used as the discount factor. Assets held under finance leases are subsequently accounted for in the same way as the Company's other assets. The capitalised residual lease liability is recognised in the balance sheet as a liability, and the interest element of the lease payment is recognised in the income statement over the term of the lease. On initial recognition, investments in subsidiaries are measured at cost and subsequently at the proportionate share of the entities' net asset values calculated in accordance with the parent company's accounting policies minus or plus any residual value of positive or negative goodwill calculated in accordance with the purchase method of accounting. Subsidiaries with a negative net asset value are measured at DKK 0 (nil), and any amounts owed by such entities are written down by the parent company's share of the net asset value if the amount owed is deemed irrecoverable. If the negative net asset value exceeds the amounts owed, the remaining amount is recognised under provisions if the parent company has a legal or a constructive obligation to cover the entity's deficit. Net revaluations of investments in subsidiaries are transferred to the net revaluation reserve according to the equity method where the carrying amount exceeds the acquisition cost. On initial recognition, equity investments in group entities are measured at cost, i.e. plus transaction costs. The cost is allocated in accordance with the acquisition method; see the accounting policies regarding business combinations. The cost is adjusted by shares of profit/loss after tax calculated in accordance with the Group's accounting policies less or plus unrealised intra-group gains/losses. Identified increases in value and goodwill, if any, compared to the underlying entity's net asset value are amortised in accordance with the accounting policies for the assets and liabilities to which they can be attributed. Negative goodwill is recognised in the income statement. Dividend received is deduced from the carrying amount. Equity investments in group entities measured at net asset value are subject to impairment test requirements if there is any indication of impairment. The carrying amount of intangible assets, property, plant and equipment and investments in group entities is assessed for impairment on an annual basis. Impairment tests are conducted on assets or groups of assets when there is evidence of impairment. The carrying amount of impaired assets is reduced to the higher of the net selling price and the value in use (recoverable amount). The recoverable amount is the higher of the net selling price of an asset and its value in use. The value in use is calculated as the present value of the expected net cash flows from the use of the asset or the group of assets and the expected net cash flows from the disposal of the asset or the group of assets after the end of the useful life. Previously recognised impairment losses are reversed when the reason for recognition no longer exists. Impairment losses on goodwill are not reversed. The Company has chosen IAS 39 as interpretation for impairment write-down of financial receivables. Receivables are measured at amortised cost. An impairment loss is recognised if there is objective evidence that a receivable or a group of receivables is impaired. If there is objective evidence that an individual receivable has been impaired, an impairment loss is recognised on an individual basis. Service supplies and contract work in progress for third parties are measured at the market value of the work performed less progress billings. The market value is calculated based on the stage of completion at the balance sheet date and the total expected income from the relevant contract. The stage of completion is calculated based on the expenses incurred relative to the expected total expenses relating to the relevant contract. Where the outcome of contract work in progress cannot be made up reliably, the market value is measured at the costs incurred in so far as they are expected to be paid by the purchaser. Where the total expenses relating to the work in progress are expected to exceed the total market value, the expected loss is recognised as a loss-making agreement under 'Provisions' and is expensed in the income statement. The value of each contract in progress less prepayments is classified as assets when the market value exceed prepayments and as liabilities when prepayments exceeds the market value. Cash comprise cash and short term securities which are readily convertible into cash and subject only to minor risks of changes in value. Proposed dividends Dividend proposed for the year is recognised as a liability once adopted at the annual general meeting (declaration date). Dividends expected to be distributed for the financial year are presented as a separate item under "Equity". Dividend proposed for the year is recognised as a liability once adopted at the annual general meeting (declaration date). Dividends expected to be distributed for the financial year are presented as a separate item under "Equity". Provisions comprise anticipated expenses relating to onerous contracts. Provisions are recognised when the Company has a legal or constructive obligation at the balance sheet date as a result of a past event and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation. Provisions are measured at net realisable value or at fair value if the obligation is expected to be settled far into the future. Current tax payables and receivables are recognised in the balance sheet as the estimated income tax charge for the year, adjusted for prior-year taxes and tax paid on account. Provisions for deferred tax are calculated, based on the liability method, of all temporary differences between carrying amounts and tax values, with the exception of temporary differences occurring at the time of acquisition of assets and liabilities neither affecting the results of operations nor the taxable income. Deferred tax is measured according to the tax rules and at the tax rates applicable at the balance sheet date when the deferred tax is expected to crystallise as current tax. Deferred tax assets are recognised at the expected value of their utilisation; either as a set-off against tax on future income or as a set-off against deferred tax liabilities in the same legal tax entity. Changes in deferred tax due to changes in the tax rate are recognised in the income statement. Deferred income Deferred income recognised as a liability comprises payments received concerning income in subsequent financial reporting years. The financial ratios stated under "Financial highlights" have been calculated as follows: Operating profit/loss Profit/loss before net financials +/- Other operating income and other operating expenses Operating margin Operating profit/loss (EBIT) x 100 Revenue Return on assets Profit/loss from operating activites x 100 Average assets Current ratio Current assets x 100 Current liabilities Equity ratio Equity, year-end x 100 Total equity and liabilities, year-end Return on equity Profit/loss after tax x 100 Average equity No events significantly affecting the financial statements for 2023/24 have occured after the balance sheet date. Of receivables totalling DKK 33,900 thousand, DKK 7,409 thousand (discounted present value) is falling due for payment later than one year from the balance sheet date. The deferred tax asset primarily relates to timing differences in respect of property, plant and equipment, accounting provisions and work in progress for third parties. Deferred income comprises payments relating to the sale of licences and support & maintenance contracts, which will not be recognised as income until in the subsequent financial year once the recognition criteria are satisfied. Other contingent liabilities The Company is jointly taxed with its parent, Prolog Development Holding A/S, which acts as management company, and other Danish group entities. The Company is jointly and severally liable with other jointly taxed group entities for payment of income taxes for the income years 2012/13 and forward and withholding taxes falling due for payment on or after 1 July 2012 in the group of jointly taxed entities. Other rent and lease liabilities: Rent and lease liabilities 733 893 The Company has not placed any assets or other as security for loans at 30 April 2024. Information about consolidated financial statements Parent Domicile Prolog Development Center Holding A/S Brøndby, Denmark Related party transactions PDC A/S was engaged in the below related party transactions: DKK'000 2023/24 2022/23 Income, other operating income, sister companies 1,008 1,059 Costs, cost of sales, investments 8,767 8,208 Receivables from group companies 2,533 3,424 Payables to group companies 486 406 Receivables from parent company 681 1,930 Transactions with wholly owned subsidiaries are not disclosed, cf. Artikel 98C, section 3 of the Danish Financial Statements Act. Information on the remuneration to management Information on the remuneration to Management appears from note 3, "Staff costs". 78806117 2023-05-01 2024-04-30 78806117 2023-05-01 78806117 2023-04-30 78806117 2024-04-30 78806117 2022-05-01 78806117 2023-05-01 2024-04-30 1 78806117 2023-05-01 2024-04-30 2 78806117 2023-05-01 2024-04-30 3 78806117 2023-05-01 2024-04-30 4 78806117 2023-05-01 2024-04-30 5 78806117 2023-05-01 2024-04-30 1 78806117 2023-05-01 2024-04-30 2 78806117 2023-05-01 2024-04-30 1 78806117 2023-05-01 e:GoodwillMember 78806117 2023-05-01 e:AcquiredIntangibleAssetsMember 78806117 2023-05-01 2024-04-30 e:AcquiredIntangibleAssetsMember 78806117 2024-04-30 e:AcquiredIntangibleAssetsMember 78806117 2023-05-01 2024-04-30 e:GoodwillMember 78806117 2024-04-30 e:GoodwillMember 78806117 2023-05-01 e:PlantAndMachineryMember 78806117 2023-05-01 2024-04-30 e:PlantAndMachineryMember 78806117 2024-04-30 e:PlantAndMachineryMember 78806117 2023-05-01 e:FixturesFittingsToolsAndEquipmentMember 78806117 2023-05-01 2024-04-30 e:FixturesFittingsToolsAndEquipmentMember 78806117 2024-04-30 e:FixturesFittingsToolsAndEquipmentMember 78806117 2023-05-01 e:InvestmentsInGroupEnterprisesMember 78806117 2023-05-01 2024-04-30 e:InvestmentsInGroupEnterprisesMember 78806117 2024-04-30 e:InvestmentsInGroupEnterprisesMember 78806117 2022-05-01 e:ContributedCapitalMember 78806117 2022-05-01 2023-04-30 e:ContributedCapitalMember 78806117 2023-05-01 e:ContributedCapitalMember 78806117 2023-05-01 2024-04-30 e:ContributedCapitalMember 78806117 2024-04-30 e:ContributedCapitalMember 78806117 2023-05-01 e:RetainedEarningsMember 78806117 2023-05-01 2024-04-30 e:RetainedEarningsMember 78806117 2024-04-30 e:RetainedEarningsMember 78806117 2022-05-01 e:RetainedEarningsMember 78806117 2022-05-01 2023-04-30 e:RetainedEarningsMember 78806117 2023-05-01 e:ProposedDividendRecognisedInEquityMember 78806117 2023-05-01 2024-04-30 e:ProposedDividendRecognisedInEquityMember 78806117 2024-04-30 e:ProposedDividendRecognisedInEquityMember 78806117 2022-05-01 e:ProposedDividendRecognisedInEquityMember 78806117 2022-05-01 2023-04-30 e:ProposedDividendRecognisedInEquityMember 78806117 2022-05-01 2023-04-30 78806117 2021-05-01 2022-04-30 78806117 2022-04-30 78806117 2020-05-01 2021-04-30 78806117 2021-04-30 78806117 2019-05-01 2020-04-30 78806117 2020-04-30 78806117 2023-05-01 2024-04-30 1 78806117 2022-05-01 2023-04-30 1 78806117 2021-05-01 2022-04-30 1 78806117 2020-05-01 2021-04-30 1 78806117 2019-05-01 2020-04-30 1 78806117 2024-04-30 e:LongtermTaxPayablesMember 78806117 2023-05-01 2024-04-30 e:SubsidiaryMember 1 78806117 2023-05-01 2024-04-30 e:SubsidiaryMember 2 78806117 2023-05-01 2024-04-30 e:SubsidiaryMember 3 78806117 2023-05-01 2024-04-30 e:SubsidiaryMember 6 78806117 2024-04-30 e:SubsidiaryMember 1 78806117 2024-04-30 e:SubsidiaryMember 2 78806117 2024-04-30 e:SubsidiaryMember 3 78806117 2024-04-30 e:SubsidiaryMember 6 78806117 2023-05-01 2024-04-30 e:ManagementMember 78806117 2022-05-01 2023-04-30 e:ManagementMember 78806117 2023-05-01 2024-04-30 e:BoardOfDirectorsMember 78806117 2022-05-01 2023-04-30 e:BoardOfDirectorsMember iso4217:DKK xbrli:pure